Options/Rights Sample Clauses
The Options/Rights clause defines the specific privileges or choices granted to a party under a contract, such as the right to purchase additional goods, extend a lease, or exercise a call or put option. This clause typically outlines the conditions, timeframes, and procedures for exercising these rights, ensuring both parties understand when and how the options can be used. Its core function is to provide flexibility and certainty, allowing parties to plan for future contingencies and manage their contractual relationship more effectively.
Options/Rights. Restricted Stock and Incentive Shares may be granted or awarded only to Employees and Directors, provided, however, that Directors, other than Employee Directors, may not be granted Incentive Stock Options. A Director, Employee or Employee Director who has been granted an Option or Right or awarded Restricted Stock or Incentive Shares may be granted additional Options and Rights or awarded additional shares of Restricted Stock or Incentive Shares.
Options/Rights. An aggregate of 2,600,000 shares of Company Common Stock are reserved and authorized for issuance pursuant to the Company Stock Plan, of which options to purchase a total of 1,797,312 shares of Company Common Stock are outstanding. Except for (i) the ▇▇▇▇▇▇ Option, (ii) those options outstanding under the Company Stock Plan, and (iii) as disclosed in Section 2.3.2 of the Company Disclosure Schedule, there are no stock appreciation rights, options, warrants, calls, rights, commitments, conversion privileges or preemptive or other rights or agreements outstanding to purchase or otherwise acquire any of Company’s authorized but unissued capital stock or any securities or debt convertible into or exchangeable for shares of Company Preferred Stock and Company Common Stock or obligating Company to grant, extend or enter into such option, warrant, call, commitment, conversion privileges or preemptive or other right or agreement. Company has delivered to Buyer a correct and complete list of each Company Option and Company Warrant outstanding as of the date hereof, including the name of the holder of such Company Option or Company Warrant, the number of shares covered by such Company Option or Company Warrant, the per share exercise price of such Company Option or Company Warrant and the vesting commencement date and vesting schedule applicable to each such Company Option, including the number of shares vested as of the date of this Agreement. Except as set forth in Section 2.3.2 of the Company Disclosure Schedule and Exhibit B, no other outstanding option, warrant, call, commitment, conversion privileges or preemptive or other right or agreement, whether under the Company Stock Plan or otherwise, will be accelerated in connection with the Merger. Any acceleration of options to purchase Company Common Stock has been done in accordance with the terms of the Company Plan or with the consent or approval of the holders of such securities.
Options/Rights. Except as set forth in SCHEDULE 8.4, there are no (i) options, warrants, calls, rights, commitments, conversion privileges or preemptive or other rights or agreements outstanding to purchase or otherwise acquire any limited liability company membership interests of Reenergy, (ii) securities or debt convertible into or exchangeable for Reenergy limited liability company membership interests or obligating Reenergy to grant, extend or enter into any such option, warrant, call, commitment, conversion privileges or preemptive or other right or agreement, or (iii) voting agreements, rights of first refusal, preemptive rights, co-sale rights, or other restrictions applicable to any outstanding limited liability company membership interests of Reenergy.
Options/Rights. Except as disclosed in Section 2.3(a) or on -------------- Item 2.3, there are no options, warrants, calls, commitments, conversion -------- privileges or preemptive or other rights or agreements outstanding to purchase any of Target's authorized but unissued capital stock or any securities convertible into or exchangeable for shares of Target Stock or obligating Target to grant, extend, or enter into any such option, warrant, call, right, commitment, conversion privilege or other right or agreement, and there is no liability for dividends accrued but unpaid. Except as described in Item 2.3, there are no voting agreements, rights of first refusal or other restrictions (other than normal restrictions on transfer under applicable federal and state securities laws) applicable to any of Target's outstanding securities. Except as described in Item 2.3, Target is not under any obligation to register under the Securities Act any of its presently outstanding securities or any securities that may be subsequently issued.
Options/Rights. Except as disclosed in Section 3.2(a) or on Item 3.2, there are no options, warrants, calls, commitments, conversion privileges or preemptive or other rights or agreements outstanding to purchase any of the Company's authorized but unissued capital stock or any securities convertible into or exchangeable for shares of the Company's capital stock or obligating the Company to grant, extend, or enter into any such option, warrant, call, right, commitment, conversion privilege or other right or agreement, and there is no liability for dividends accrued but unpaid. Except as described in Item 3.2, there are no voting agreements, rights of first refusal or other restrictions (other than normal restrictions on transfer under applicable federal and state securities laws) applicable to any of the Company's outstanding securities. Except as described in Item 3.2, the Company is not under any obligation to register under the Securities Act any of its presently outstanding securities or any securities that may be subsequently issued.
Options/Rights. There are no stock appreciation rights, options, warrants, calls, rights, commitments, conversion privileges or preemptive or other rights or agreements outstanding to purchase or otherwise acquire any of Cyberworks' authorized but unissued capital stock or any securities or debt convertible into or exchangeable for shares of Cyberworks Common or obligating Cyberworks to grant, extend or enter into such option, warrant, call, commitment, conversion privileges or preemptive or other right or agreement. There is no liability for dividends accrued but unpaid. There are no voting agreements, registration rights, rights of first refusal or other restrictions (other than normal restrictions on transfer under applicable federal and state securities laws) applicable to any of Cyberworks' outstanding securities.
Options/Rights. Upon (i) exercise of the Second Option by LI3, and (ii) payment of the Second Option’s exercise price, Lacus shall transfer to LI3 twenty percent (20%) of the issued and outstanding shares of the Newco.
Options/Rights. Except as disclosed in Section 3.2(a) or on Item 3.2 of the Shareholders' Disclosure Schedule, there are no options, warrants, calls, commitments, conversion privileges or preemptive or other rights or agreements outstanding to purchase any of the Company's authorized but unissued capital stock or any securities convertible into or exchangeable for shares of the Company's capital stock or obligating the Company to grant, extend, or enter into any such option, warrant, call, right, commitment, conversion privilege or other right or agreement, and there is no liability for dividends accrued but unpaid. Except as described in Item 3.2 of the Shareholders' Disclosure Schedule, there are no voting agreements, rights of first refusal or other restrictions (other than normal restrictions on transfer under applicable federal and state securities laws) applicable to any of the Company's outstanding securities. Except as described in Item 3.2, the Company is not under any obligation to register under the Securities Act any of its presently outstanding securities or any securities that may be subsequently issued.
Options/Rights. Except as disclosed in Item 4.7(b), there are no options, warrants, calls, commitments, conversion privileges or preemptive or other rights or agreements outstanding to purchase any of Acquirer's authorized but unissued capital stock or any securities convertible into or exchangeable for shares of Acquirer capital stock or obligating Acquirer to grant, extend, or enter into any such option, warrant, call, right, commitment, conversion privilege or other right or agreement, and there is no liability for dividends accrued but unpaid. There are no voting agreements, rights of first refusal or other restrictions (other than normal restrictions on transfer under applicable federal and state securities laws) applicable to any of Acquirer's outstanding securities.
Options/Rights. Restricted Stock and Incentive Shares may be granted or awarded only to Employees, provided, however, that Outside Directors may receive Nonstatutory Stock Options in accordance with the provisions of Article 7 and provided further, that the members of the Committee are not eligible to receive Options (except for Nonstatutory Stock Options in accordance with the provisions of Article 7),